The US dollar reached a four-week high against the Japanese yen in Forex Trading Online

The US dollar reached a four-week high against the Japanese yen in Forex Trading Online

The US dollar reached a four-week high against the Japanese yen in Forex Trading Online after positive signs in the U.S. economy promoted speculations about the Federal Reserve is moving closer to withdrawing its economic stimulus policy.

U.S. leading indicators increased for a 10th month and manufacturing in the Philadelphia area expanded; the yen was at $91.19 per dollar from yesterday when it decreased to 91.38, the lowest level since Jan. 21.

Angela Merkel (Germany’s Chancellor) said “not a single euro should go to Greece”, this message sent euro near to a nine-month low against the dollar and renew concerns about the possible end of European Union.